Press Release 2026 – 11 – 10
Wed, 11 Nov 2026 |

The Public Utilities Commission of Sri Lanka decides that no revision of electricity tariffs is required for the last quarter of 2026

 

The Commission observed that the cost of supplying electricity increased by 2.88 per cent in the last quarter of 2026, as per the cost data submitted by the NSO. The updated cost data was also submitted by the NSO on 9th November 2026. Taking into account the latest data and the views and Comments presented during the public consultation, the Commission has decided that no revision of electricity tariffs is required for the final quarter and that the tariff system in place in the third quarter will remain in effect during this quarter as well.

 

In accordance with Section 29 of the Sri Lanka Electricity Act No. 36 of 2024, the NSO is tasked with submitting estimated cost data for future electricity supply to the Public Utilities Commission of Sri Lanka (PUCSL) for review. The authority to review such cost data, solicit public opinion, and determine electricity tariffs is vested in the PUCSL. The NSO was required to submit the data for the final quarter of 2026 by August 17, 2026; however, the submission was made on October 6, 2026. The cost data indicated a potential 2.88% increase in electricity tariffs. Nevertheless, taking into account the proposals presented during the public consultation process, the PUCSL decided not to implement any revision to electricity tariffs for the final quarter of 2026.

 

When determining electricity tariffs, it is a legal requirement to conduct a public consultation, in accordance with Section 17 of the Public Utilities Commission of Sri Lanka Act No. 35 of 2002 and Section 29 of the Sri Lanka Electricity Act No. 36 of 2024. The public consultation held regarding the cost data submitted for the final quarter of 2026 aimed to obtain the views of stakeholders on the following matters, in relation to the cost data presented by the NSO.

  1. ​Estimated Electricity Generation Cost Data and Generation Mix
  2. ​Electricity Generation Energy Costs
  3. ​Fuel Prices
  4. ​Electricity Generation Capacity Costs
  5. ​Battery Storage System Capacity Costs
  6. ​Adjustment for Past Revenue Surpluses or Deficits
  7. ​Surplus Revenue of the Electricity Distribution Limited
  8. ​Electricity Tariff Revision Percentage

After considering the submissions made by stakeholders regarding the above matters, the Commission has decided not to revise electricity tariffs.

 

For further information, please contact Jayanath Herath, Director of the Corporate Communication Division of the Public Utilities Commission of Sri Lanka, at 0772943193.